DSSSB – 2014 Tire I
- Which of the following is not a capital asset under capital gains head of Income?
(a) Stock in trade
(b) Goodwill of business
(c) Agricultural land in Delhi
(d) Jewellery - Income Tax is a
(a) Direct Tax
(b) Indirect Tax
(c) Cost
(d) All of these - VAT stands for
(a) Value Added Tax
(b) Value Addition Tax
(c) Value At Tax
(d) None of these
DSSSB – 2015 Tire II
- Which tax is collected by Panchayat
(a) Tax on local fair
(b) Sales Tax
(c) Custom Duty
(d) Land Revenue - Corporate Tax is
(a) Indirect Tax
(b) Gift Tax
(c) Direct Tax
(d) Service Tax - Residential status of a assessee can be
(a) Different for different assessment years
(b) Different for different current years
(c) Different for different previous years
(d) None of the above - Tax incident is highest in case of
(a) Resident and ordinary resident
(b) Non resident
(c) Resident but not ordinary resident
(d) None of the above - Personal taxes in India best illustrates a
(a) Proportional tax system
(b) progressive tax system
(c) Indirect tax system
(d) Value added tax system - Which of the following is not a capital assets under capital gains head of income ?
(a) Stock in Trade
(b) Goodwill of business
(c) Agricultural land in urban
(d) Jewellery
DSSSB – 2018 Male
NO Questions from This Section
DSSSB – 2018 Female
NO Questions from This Section
DSSSB – 2021 Male
- X sets up a new business on October 1, 1987 and does not close his books on March 31,1988. What will be the period of previous year for the assessment year 1989-90?
1. 9 months
2. 24 months
3. 18 months
4. 12 month - which of the following statements is true?
1. Gratuity or Pension is partially exempted income
2. Agricultural income is totally exempted from tax
3. incidence of tax is relatively higher of resident when compared with ‘non-resident’.
4. tax incidence is the lowest in the case of non-resident - In which year did the income tax act come into force?
1. 1958
2. 1922
3. 1961
4. 1962 - Which income from the following is partially exempted?
1. Interest on certain government securities
2. Agricultural income
3. Shares from unregistered firm
4. Payment of lease rent - What percentage of tax is taxable on long-term capital gain arising from transfer of securities, bonds, units, debenture?
1. 20 percent
2. 10 percent
3. 5 percent
4. 12 percent - What is mentioned under Sec- 44 AE of the Income Tax Act, 1961?
1. Expenses deductible from commission earned by insurance agents etc.
2. Special Provisions for Computing Profits and gains of small business of civil construction,etc
3. Special Provisions for Computing Profits and gains of business of plying, hiring or leasinggoods carriages
4. Meaning of capital gains - Exemptions for newly established industrial undertaking in free trade zones is mentioned in which section?
1. Section 10(B)
2. Section 10 (BA)
3. Section 10(AA)
4. Section 10(A)
DSSSB – 2021 Female First Shift